Oil companies firm up bio-diesel plans

With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures. The state-run Indian Oil Corporation (IOC), for instance, is slated to announce a joint venture with the Government of Chattisgarh shortly to take up large scale jatropha farming across 36,000 hectares. Oil extracted from seeds of jatropha plant